CIPLA trade ideas
Cipla - Keep an EyeLooks like the bottom has been made
Stock may consolidate for some more time before starting the north journey
CIPLA daily demand zone setupCIPLA daily demand zone trade setup marked on charts. Hope price will test that zone again and fill pending orders(only possible if still buy orders are pending on this zone) this time and price will bounce back again.
Cipla buy for swingCIPLA
MULTITIME FRAME ANALYSIS
1:- Price is at Daily Support.
2:- Price is following Downtrend line in 1 hour time frame (Counter Trend).
3:- After the breakout of counter trendline, Price will also break 50 EMA dynamic SNR.
ENTRY:- 890Rs - 900Rs
1st TARGET:- 940Rs
2nd TARGET:- 970Rs
3rd TARGET:- 1000Rs
STOPLOSS:- 840Rs
NOTE:- Close 50% trade at 1st target
Remaining 25% trade Close at 2nd target
and finally close all remaining trades at 3rd target.
Cipla for swing tradeCIPLA
MULTITIME FRAME ANALYSIS
1:- Price is at Daily Support.
2:- Price is following Downtrend line in 1 hour time frame (Counter Trend).
3:- After the breakout of counter trendline, Price will also break 50 EMA dynamic SNR.
ENTRY:- 890Rs - 900Rs
1st TARGET:- 940Rs
2nd TARGET:- 970Rs
3rd TARGET:- 1000Rs
STOPLOSS:- 840Rs
NOTE:- Close 50% trade at 1st target
Remaining 25% trade Close at 2nd target
and finally close all remaining trades at 3rd target.
CIPLA AT SWING SUPPORTCIPLA is at its swing support of 876 if it breaks then may show downside momentum up to 817 with a target of 807 within few days but if shows reversal then may go for target 1 as 924 and target 2 as 967 with stop-loss at swing support and trail your stop-loss
CIPLA (Breakout+Retest), 1DCIPLA recently gave a breakout and has been testing the previous resistance from last 5 days!
1. Bullish - If it gives up move with good volume
2. Bearish - if it comes back in trend and breaks the 5day support(900-905).
Blue & Bluetiful. Cipla, as you can see has made a H&S pattern.
It’s more valuable because of the time span it has taken to break these levels (Broken out of 2 decades levels).
My Advice would be to jump on it for long time (Long means at least 3 years).
Investing in tranches, you should invest 25% right now.
Add if it comes near MA (Green Lines) or AVWAP(White Line).
I’d say it won’t go there for some time. But i have seen myself proven wrong far more times than anyone else.
Study the chart and if satisfied, enter here for some gains (won’t say extraordinary because when it’ll be, you’ll be surprised.)
Please drop a thanks if you like the idea (before buying a trade or after booking profit.)
Learn and Stay Well.
CIPLACIPLA is in Good Consolidation.
Good Opportunity To Long/Short It Depends On Monday Market Behaviour.
Cipla good earning tradeCipla was taking resistance of the trend line. It broke out and took it's support. Buy it now TARGET- Rs.1000, STOP LOSS- Rs. 882
cipla has breaked trend line on daily time frame and retestedcipla is bullish for now as retested on daily timeframe....one can take long position
CIPLA Views for what?Cipla Update:
Guys what you think which one will come first?
Please express your view,
And thanks in advance.
Cipla .... chart checkExplained on charts........
Don't chase momentum when targets are achieved..... wait for retracement and go long on reversal confirmation.
This is just my view...... trade according to your own risk management.
Cipla BULL flag and Pole Formation!Pharma sector is doing quite great lately because of the times and Cipla - one of its constitutes has made a Bull Flag and Pole type Formation! Wait for the Break Out with Volumes!
CIPLA - 20 YEAR CHANNEL BREAKOUT20 year Channel breakout with high volumes for Cipla.. Next long term target should be 1300-1400. considering it is a manufacturer of covid drug Remdesivir, it should not take long to reach the taret. :)
NO SL required!!
Cipla moving in parallel channelA trading channel is drawn using parallel trendlines to connect a security's support and resistance levels within which it currently trades.
cipla break out in day chartcipla gave a break out in day chart retesting done can be good entry if high breaks..
